Mining Stocks, News & Tips on the ASX

Australia’s metals and mining sector is clearly the country’s largest industry sector. There are over 760 Australian companies involved in mineral exploration, development and production across more than 110 countries.

This sector includes several of the world’s largest diversified resource companies, including global giants such as BHP Billiton and Rio Tinto. There’s also plenty of potential to invest in future industry leaders. In fact, since 2009, investors in the Australian market have supported more than 400 new junior resource floats.

This sector relies heavily on equity markets to receive capital for the intensive development of mineral projects or the funding of higher risk explorations to locate new resource deposits.

Whether you’re interested investing in Rio Tinto, BHP Billiton, or any one of the multitudes of Australian mining companies out there, browse Australian Stock Report’s analyses below to find out everything you need to know about investing in the mining sector, including news, tips, and advice.

Mining Shares News: BlueScope Steel (BSL) announced a 1H FY12 loss of $530 million

BlueScope Steel Ltd (BSL) is a major steel company in Australia and New Zealand, supplying flat steel products to the building, construction, manufacturing, automotive and packaging industries. BlueScope Steel announced a 1H FY12 loss of $530 million, widening sharply from the $55 million loss from same period a year earlier. The result was worse than

Australian Mining Stocks News: Energy Resources of Australia (ERA)

Energy Resources of Australia (ASX:ERA) is a uranium company which mines, processes and sells uranium oxide from the Ranger mine in the Northern Territory and uranium concentrates sourced outside Australia to nuclear electric utilities in Japan, South Korea, Europe and North America. ERA also provides environmental consulting services. Australian shares, Energy Resources today announced that